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INSURANCE: Protection Money

6 mins read
Rising insurance premiums have become the bane of many youth groups' lives. Dan Williamson finds out what organisations can do to minimise the problems being heaped on them by the insurance industry

Helen Carmichael, executive director at Leap, points out: "Conflict is a positive word for us, but it can trigger a lot in people's minds, especially when it comes to insurance minds."

After a search by its broker, Leap was advised to take the offer from its current insurer as it was unlikely that cover would be found elsewhere.

"We're a well-run association with appropriate risk-management policies in place," says Carmichael. "But we now have to find that increase from our fundraising. There is no consumer we can pass the cost on to."

A study of more than 2,500 members of the National Council for Voluntary Organisations shows insurance is becoming a difficult area for youth bodies throughout the UK. Average premiums have increased by between 30 and 100 per cent, while some have experienced hikes of up to 350 per cent.

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